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According to a UAW leader, GM and the union expect to have details and dates this month for the first phase of a special retirement program. Letter indicates GM and UAW closing in on dates for ...
Likewise, the Free Press reported on Jan. 23 that UAW-represented workers at Ford also began receiving $50,000 buyout offers. The window for eligible employees to sign up for that program was ...
The General Motors Chapter 11 filing formally was entitled "In re General Motors Corp.", and was case number 09-50026 in the Southern District, Manhattan, New York. [46] General Motors was represented by the New York specialist law firm Weil, Gotshal & Manges.
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The 2019 General Motors strike began September 15, 2019, with the walkout of 48,000 United Automobile Workers from some 50 plants in the United States. Demands by workers included increased job security , gateway for temporary workers to become permanent, better pay and retaining healthcare benefits.
On February 18, 2009, General Motors and Chrysler again approached the U.S. government, in regard to obtaining a second bridging loan of $21.6 billion (£15.2 billion). $16.6 billion of this would go to General Motors, while Chrysler would take $5 billion. General Motors agreed to shed 47,000 jobs, close five plants, and axe 12 car models.
Bernard was one of about 1,000 GM employees laid off Nov. 15. ... WARN requires a 60-day notice before a mass layoff or plant closing. The notice applies to employers with 100 or more full-time ...
On Sunday, May 31, 2009, bankruptcy judge Arthur J. Gonzalez approved a proposed government restructuring plan and sale of Chrysler's assets. The sale allows most of the assets of Chrysler to be purchased by a new entity in which Fiat would own 20%, and the autoworker's union retirement health care trust (voluntary benefit association "VEBA") 55%, with the U.S. and Canadian government as ...